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Home » Authors » Staff Report

Articles by Staff Report

INB parent to acquire Bank of Fairfield

Transaction valued at about $20.75 million
June 24, 2015
Staff Report
Northwest Bancorporation Inc., the Spokane-based parent of Inland Northwest Bank, has agreed to acquire Fairfield Financial Holdings Corp., which owns Bank of Fairfield, in a transaction valued at about $20.75 million. Based in Fairfield, Wash., a smal
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Small Business Watch

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June 18, 2015
Staff Report

Regaining lost jobs helps local psyche

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June 18, 2015
Staff Report
One measure of when Spokane County has moved out of the sun-obscuring shadow of the Great Recession will come, at least in a symbolic sense, when it gains back all of the jobs it lost during and shortly after that bleak 19-month economic stretch. It'
Read More

Despite optimism, small businesses eschew credit

However more owners say they plan to expand
June 18, 2015
Staff Report
The results of the 2015 U.S. Bank Small Business Annual Survey suggest that small business owners are more confident about the future of their businesses now than at any time in the six-year history of the survey. Optimism is on the rise, businesses are
Read More

401(k) plan participation grows, Wells Fargo says

Automatic enrollment by employers cited as factor
June 18, 2015
Staff Report
Wells Fargo & Co., of San Francisco, says the percentage of employees participating in 401(k) plans administered by the company has been growing in recent years.
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Investors are 'selectively lowering risk,' survey says

Shifts in strategy follow major sell-offs of bonds
June 18, 2015
Staff Report
Global investors have less appetite for higher risk exposures, particularly in the U.S., according to the BofA Merrill Lynch Fund Manager Survey for May.
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Airline, WSU alliance study forest-debris fuel potential

Alaska plans test flight using team's alternative bioproduct
June 18, 2015
Staff Report
Seattle-based Alaska Airlines is teaming up with the Washington State University-led Northwest Advanced Renewables Alliance (NARA) to advance the production and use of alternative jet fuel made from forest residuals, the tree limbs and branches that remai
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Confidence in multifamily market is strong in index

Vacancy-rate outlook hits level last recorded in 2012
June 4, 2015
Staff Report
The Multifamily Production Index (MPI), released late last month by the National Association of Home Builders, held steady with a reading of 54 for the first quarter of 2015. That was the 13th consecutive quarter with a reading of 50 or above.
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B of A launches down-payment assistance tool

Web-based feature meant to link buyers to programs
June 4, 2015
Staff Report
Bank of America says it has launched a new web-based tool to guide consumers to down-payment and closing-cost assistance programs available in their region. The Bank of America Down Payment Resource Center is powered by Down Payment Resource, develope
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Pending homes sales in U.S. rose in April, report says

Realtor group's index hits highest level since 2006
June 4, 2015
Staff Report
 Pending home sales rose in April for the fourth straight month and reached their highest level in nine years, according to the National Association of Realtors. Led by the Northeast and Midwest, all four major regions saw increases in April.
Read More
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